The individual made the choice to seek advice from experts at the Service for Healthy Use of Technology (SHUT) clinic after suffering a trading loss of more than Rs 30 lakh.
The trader had already suffered significant losses, but because of his excessive trading, he had spent all of his life’s savings and even had to borrow money.
(Representative Photograph).
The de-addiction clinic at the National Institute of Mental Health and Neurosciences (NIMHANS) in Bengaluru was contacted by a 39-year-old man who wanted to get assistance for his addiction to stock market trading and investing.
The Times of India quoted Dr. Manoj Kumar Sharma, professor of clinical psychology and coordinator of the SHUT clinic, as saying, “Unlike other cases like gambling or gaming addiction, we had to take a fresh approach to address the patient’s situation by understanding his problem in detail, as it was a first-of-its-kind case for us psychologists too.
In the past, the man had made accurate stock market predictions, the doctor said.
Although he had already suffered significant losses, the man’s excessive trading led him to spend all of his life’s savings and even force him to borrow money.
Stock trading issues are not within the purview of SHUT’s professionals, they acknowledged, but this was a dysfunctional issue.
Given that the patient does not have any impulsive problems that call for medication, treating stock trading obsession is difficult for us.
According to a renowned psychologist, there are two important considerations to consider in this situation: whether the person should completely stop trading or just engage in it in moderation.
A potential reversal in an uptrend can be indicated by the attractive candlestick pattern known as the “hanging man.”
It’s not as scary as it sounds, so don’t worry. This pattern, which is a reversal pattern, really indicates that the market may be turning negative.
Understanding Candlestick Charts and Data Points
The open, close, high, and low are the four important data points that assist us comprehend what is happening. These facts help traders understand the ongoing struggle between the market’s bulls (buying) and bears (sellers).
You’ll be aware of a prospective market change the next time you see a hanging man!
Exploring the Appearance of the Hanging Man
Actually, it’s a single candlestick pattern that denotes a likely market reversal. Although there shouldn’t necessarily be an uptrend before this pattern appears, there should be some observable price growth.
How little the actual body is is what counts. There are many different shadow configurations, such as none, top and bottom shadows of the same size, or even elongated shadows on either end. Other candlestick patterns, such as the morning and evening star, can include these spinning tops.
However, it is referred to as a hammer if it does so following a price decline or during a downtrend. And what’s this? The meanings of these two motifs are completely different! To accurately grasp them, you must pay close attention to where they appear on a price chart.
Constructing the Hanging Man: Key Features
Regarding the upper shadow, it might or might not be present. If it does appear, it will be quite little. However, the hanging man typically lacks an upper shadow, so the open or close and the high are identical. So there you have it: the hanging man, with his small genuine body, long lower shadow, and typically absent above shadow.
A Quick Recap: The Hanging Man’s Role in Market Reversals
The high, low, opening, and closing prices for a specific time period serve as a kind of snapshot of how investor sentiment is affecting the pricing of an asset.
The candle must also have a lengthy lower shadow and a small true body. You have a hanging guy on your hands when all of these circumstances come together, and it’s time to keep an eye out for any prospective changes to the market!
Circle Launches Cross-Chain USDC Protocol; France Explores Fast- Tracking EU Compliance for Crypto Firms
Top 5 stories chosen this week to keep up with the crypto industry.
the trend being led by the UK. According to a research from the investing firm for digital assets, CoinShares, released in March of that year, the UK’s cryptocurrency market saw the most growth globally in 2021.
Circle introduces cross-chain USDC protocol
The Cross-Chain Transfer Protocol (CCTP), created by Circle, enables developers to transfer the USDC stablecoin quickly between Ethereum and Avalanche.
In essence, CCTP does away with the requirement for Circle partners or outside bridges to transport data between these networks.
Users will be able to “burn and mint” or “teleport” USDC between blockchains via apps that employ CCTP, claims Circle.
1. 2020 is a good indicator of 2024 and beyond
Due to BTC’s slow acceptance, the first two price halves in 2012 and 2016 were not as dramatic. However, the price increased noticeably both before the event and after it, both of which occurred gradually.
Price swings surrounding the first two halvings
The halving in 2020 is probably a good sign for how things might turn out in 2024.
Price was stable before the 2020 price halving.
With the exogenous shock of the COVID-driven sell-off excluded, prices were almost steady prior to the third halving. They then rose to an all-time high of $69,000 in November 2021, over 18 months after the incident.
2. BTC dominance is likely to increase strongly in the next 12 months
After the halving, it continued to rise for the following six months, and then altseason gained control in the first few months of 2021. Currently, Bitcoin holds a 48% market share.
Prior to a halving, BTC dominance rises; after the event, it declines.
3. Bitcoin halving has never occurred during a potential recession
The likelihood of one in 2023 is still high. If it does, we predict that the price of BTC would behave similarly to 2020, albeit on a smaller scale or with a few months’ delay.
The coronavirus epidemic was present during the 2020 halving, however it had little impact on the adoption of BTC. Beincrypto reports that the amount of Bitcoin exchanged and traded in early 2020 was 2,800% greater than it was in 2016.
The opportunity to increase one’s income is one of the main advantages of stock market investing. The values of a specific stock may increase or decrease over time if the value of the stock market increases. But those who invested in dependable businesses will see an increase in profits.
You can gain various advantages from investing, including increased financial independence. Investing can assist in protecting the value of your money as the cost of living increases, but funds held in cash will often lose value as inflation diminishes their purchasing power over time.
Star Health Insurance earns net profit of Rs 102 crore in March quarter. The net premium income increased to Rs 19,426.57 crore compared to Rs 14,289.66 crore. our experts suggest that one can make buy position once it break the resistance of Rs 600.
Q4 Results
For the fourth quarter that ended in March 2023, Star Health and Allied Insurance reported a net profit of Rs. 102 crore on Friday.
The independent health insurance reported an 82 rupee deficit for the January-March fiscal quarter.
According to a regulatory filing, the insurer’s gross written premium (GWP) for the quarter increased from Rs 3,689 crore to Rs 4,199 crore.
From Rs 14,289.66 crore to Rs 19,426.57 crore, net premium income grew.
Profit after tax (PAT) for the entire fiscal year 2022–2023 was Rs 619 crore compared to a loss of Rs 1,041 crore in FY22.
“During the year ended March 31, 2023, the company pursuant to the approval received from the Insurance Regulatory and Development Authority of India (Irdai) has exercised Call Option and redeemed the Subordinated debenture in full on September 6, 2022, and October 29, 2022, amounting to Rs 200 crore and Rs 50 crore, respectively, including interest thereon,” the insurance company stated.
The corresponding debenture redemption reserve amounting to Rs 15 crore has been reversed and credited to the profit and loss account, it added.
The board appointed Anand Roy as the Chief Executive Officer and Managing Director of the company.
Let us look at the Fundamentals
Profit & Loss
Figures in Rs. CroresPRODUCT SEGMENTS
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Sales +
1,069
1,595
2,012
2,888
3,775
4,987
5,050
10,602
12,096
Expenses +
1,189
1,439
1,871
2,673
3,565
4,544
6,447
11,962
11,275
Operating Profit
-120
156
141
215
210
443
-1,397
-1,360
821
OPM %
-11%
10%
7%
7%
6%
9%
-28%
-13%
7%
Other Income +
0
0
0
0
0
0
-3
7
6
Interest
1
2
3
20
0
0
0
0
0
Depreciation
19
18
20
23
28
29
46
43
0
Profit before tax
-140
137
118
171
182
413
-1,446
-1,397
826
Tax %
0%
0%
0%
1%
30%
35%
25%
25%
25%
Net Profit
-140
137
118
170
128
268
-1,086
-1,041
619
EPS in Rs
-3.87
3.53
2.59
3.73
2.81
5.46
-19.81
-18.08
10.63
Dividend Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
Compounded Sales Growth
10 Years:
%
5 Years:
33%
3 Years:
34%
TTM:
14%
Compounded Profit Growth
10 Years:
%
5 Years:
29%
3 Years:
32%
TTM:
160%
Stock Price CAGR
10 Years:
%
5 Years:
%
3 Years:
%
1 Year:
-17%
Return on Equity
10 Years:
%
5 Years:
-8%
3 Years:
-12%
Last Year:
11%
Balance Sheet
Figures in Rs. CroresCORPORATE ACTIONS
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Share Capital +
362
387
456
456
456
491
548
576
582
Reserves
-220
-27
334
504
773
1,153
2,947
4,045
6,007
Borrowings +
0
0
0
250
250
250
250
720
470
Other Liabilities +
954
1,012
1,423
2,138
3,394
4,233
6,756
8,173
9,299
Total Liabilities
1,096
1,372
2,213
3,347
4,872
6,127
10,501
13,514
16,358
Fixed Assets +
46
62
77
92
85
90
183
243
111
CWIP
12
3
7
5
13
12
19
4
0
Investments
502
807
1,428
2,165
3,030
4,290
6,733
11,243
13,392
Other Assets +
535
500
700
1,085
1,744
1,735
3,565
2,023
2,854
Total Assets
1,096
1,372
2,213
3,347
4,872
6,127
10,501
13,514
16,358
Disclaimer : The information mentioned above is merely an opinion and should only be treated for educational purposes. If you have any questions or feedback about this article, you can write us back. To reach out, you can use our contact us page.
When explaining how to become wealthy through stock market investments, seasoned investors have frequently advised trying to hold onto a stock for as long as possible. They encourage a positional investor who wants to profit from stocks to use the “buy, sell, and forget” technique.
We must examine Dwarikesh Sugar shares in order to comprehend how a long-term investor might profit from their investments. One of the multibagger stocks on the Indian stock market, it increased the value of its stockholders from 1 lakh to 54 lakh during the past ten years.
Despite being under stress for the previous year, the multibagger sugar stock has increased.
Dwarikesh Sugar Industries’ stock has been in base-building mode for the past year, but it was one of the stocks that experienced a notable resurgence during the post-Covid stock market recovery.
Dwarikesh Sugar Share is one of the multibagger stocks that the Indian stock market has generated in recent years, and it has a history of providing exceptional returns to its shareholders. This multibagger sugar stock has increased from about $1.70 to $92 per share over the past ten years, giving its stockholders a return of more than 5,300%.
Let us look at the Fundamentals
Profit & Loss
Standalone Figures in Rs. Crores / View ConsolidatedPRODUCT SEGMENTS
Sep 2011
Sep 2012
Sep 2013
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Sales +
593
699
928
1,128
794
1,190
1,430
1,084
1,336
1,839
1,974
2,103
Expenses +
519
605
869
1,043
686
917
1,287
955
1,200
1,638
1,683
1,888
Operating Profit
75
94
59
86
108
273
142
129
136
201
291
215
OPM %
13%
13%
6%
8%
14%
23%
10%
12%
10%
11%
15%
10%
Other Income +
0
2
13
10
13
18
17
36
5
7
3
14
Interest
60
79
71
75
52
52
25
21
33
48
32
26
Depreciation
33
33
33
47
31
30
32
33
37
41
44
50
Profit before tax
-18
-16
-32
-27
39
209
102
111
72
120
219
152
Tax %
26%
28%
39%
37%
1%
25%
1%
14%
-3%
24%
29%
31%
Net Profit
-13
-11
-19
-17
39
156
101
95
73
92
155
105
EPS in Rs
-0.81
-0.69
-1.19
-1.03
2.39
8.29
5.39
5.05
3.90
4.86
8.24
5.57
Dividend Payout %
0%
0%
0%
0%
0%
12%
0%
20%
26%
26%
24%
36%
Compounded Sales Growth
10 Years:
12%
5 Years:
8%
3 Years:
16%
TTM:
7%
Compounded Profit Growth
10 Years:
27%
5 Years:
1%
3 Years:
13%
TTM:
-32%
Stock Price CAGR
10 Years:
41%
5 Years:
29%
3 Years:
71%
1 Year:
-28%
Return on Equity
10 Years:
21%
5 Years:
19%
3 Years:
19%
Last Year:
15%
Balance Sheet
Standalone Figures in Rs. Crores / View ConsolidatedCORPORATE ACTIONS
Sep 2011
Sep 2012
Sep 2013
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Share Capital +
32
32
47
47
47
19
19
19
19
19
19
19
Reserves
104
103
73
56
70
267
347
445
465
560
654
721
Borrowings +
467
525
392
624
656
533
342
656
846
609
524
375
Other Liabilities +
66
108
179
302
260
200
276
246
279
257
222
166
Total Liabilities
653
752
660
999
1,001
1,019
984
1,365
1,609
1,445
1,420
1,280
Fixed Assets +
496
470
440
399
356
331
341
319
430
410
388
582
CWIP
5
0
0
0
0
1
0
16
2
1
142
0
Investments
0
0
0
0
0
0
0
0
0
0
0
0
Other Assets +
153
282
220
600
644
687
642
1,029
1,177
1,035
889
697
Total Assets
653
752
660
999
1,001
1,019
984
1,365
1,609
1,445
1,420
1,280
Disclaimer : The information mentioned above is merely an opinion and should only be treated for educational purposes. If you have any questions or feedback about this article, you can write us back. To reach out, you can use our contact us page.
In terms of brand visibility, Instagram marketing is fantastic. 83% of users admit that this social network aids in their research of new goods and services. Even better, customers have higher faith in the firms that are promoted on Instagram. 74% of people think Instagram-posted brands are relevant, and 78% think they’re popular.
The chances for selling acceleration on Instagram should also be taken into account. 65% of those surveyed in a 2019 Facebook study visited a brand’s website or app after seeing it on Instagram. 46% of those surveyed made an online or offline purchase from a brand.
President Joe Biden said on Tuesday that he will run for re-election in 2024, a move that will determine whether Americans are willing to elect the 80-year-old Democrat, who is already the country’s oldest president, to another four years in office.
In a professionally prepared video distributed by his new campaign team, Biden made his declaration and stated that it is his responsibility to defend American democracy. Images from the attack on the U.S. Capitol by supporters of former President Donald Trump on January 6, 2021, are shown at the beginning.
We are still engaged in a struggle for America’s soul, Biden claimed in his 2004 presidential campaign. “Now is not the time for complacency. I’m running for reelection because of this.
“Let’s finish this job. I know we can,” he said.
Biden called the Republican programmes “threats to American freedom” and vowed to battle efforts to restrict access to healthcare for women, slash Social Security, and outlaw books, all the while denouncing “MAGA extremists.” MAGA is for Trump’s “Make America Great Again” campaign slogan; Biden’s Republican opponent in the November 2024 election may very well be him.
In the two years since he took over from Trump, Biden won Congress’ approval for billions of dollars in federal funds to tackle the COVID-19 pandemic and for new infrastructure, and oversaw the lowest levels of unemployment since 1969, although a 40-year high in inflation has marred his economic record.
Biden’s age makes his re-election bid a historic and risky gamble for the Democratic Party, which faces a tough election map to hold the Senate in 2024 and is the minority in the House of Representatives now.
Biden’s approval ratings were stuck at just 39% in a Reuters/Ipsos poll released on April 19 and there are steep concerns about his age among some Americans; he would be 86 by the end of a prospective second term, almost a decade higher than the average U.S. male’s life expectancy.
Doctors declared Biden, who does not drink alcohol and exercises five times a week, “fit for duty” after an examination in February. The White House says his record shows that he is mentally sharp enough for the rigors of the job.
Biden will be joined in his 2024 quest by his running mate, Vice President Kamala Harris.
Disclaimer : The information mentioned above is merely an opinion and should only be treated for educational purposes. If you have any questions or feedback about this article, you can write us back. To reach out, you can use our contact us page.
You all may have heard about this food company. Be it a festival or a break-up, Pizza always helps. Fortunately, When we talk about the pizza we have only a few companies to look at. Frankly, I’m more of a pasta fan Anyway.
Here, I was talking about DOMINOS. Yes, it is one of the favourite food companies. It is listed in the market as JUBILANT FOODWORKS. Jubilant Foodworks’ share price right now is Rs 449 a share as on 25-04-2023.
That’s why we think this stock can be added to the portfolio. Let’s look at the stock technically first. Along with many reasons to buy, this is one of the reasons.
It seems the stock is at the Support. Hence, out of many reasons, this course is a reason to buy. What is support? you ask
What is support?
In technical analysis, support and resistance are two fundamental ideas. Reading pricing charts correctly requires an understanding of both the meaning of these terms and how they are used in real-world situations.
Because of supply and demand, prices fluctuate. Prices increase when supply is insufficient to meet demand. Prices decrease as supply outpaces demand. When supply and demand are equal and prices are stable, prices will occasionally fluctuate sideways.
So, typically, support is the Demand zone. Traders and investors tend to buy or accumulate at this price.
Furthermore, the stock is at its 50% discount from its ATH ( All time high). Thus, could be a good time to accumulate. Ahhh, Damn, i just want to eat a pizza now.
Let’s, look at the fundamentals of Jubilant Foodworks.
The balance sheet of Jubilant FoodWorks as on 25-4-23
Conclusion
Overall the company is a buying zone. However, this is not investment advice, this is merely for educational purposes. One should consult with your financial advisor.
To know more about the courses, check out our website. To know more about our crash course, check here.
OTC, or over-the-counter trading, provides chances like the affordable purchase of a new, high-potential company.
In this method, financial instruments like as stocks, bonds, and other securities are exchanged directly between two parties as opposed to on a stock exchange for the general public like the New York Stock Exchange (NYSE) or Nasdaq.
Michael Bertov, the author of The Evergreen Startup, adds that OTC gives you access to high-growth growing businesses, especially startups.
Additionally, as OTC investments often cost less than their public market counterparts, you receive more investment for your money.
What does OTC mean?
They are referred to as dealer markets or networks. Stock exchanges, in contrast, are auction marketplaces. Investors submit offers for stocks after an asking price (the “ask”) is posted, competing with one another.
This indicates that although its stock can be purchased and traded publicly, it is not listed on a significant exchange like the NYSE or Nasdaq. Therefore, these equities are bound by the guidelines and standards set by these exchanges for the listed corporations.
In fact, SEC rules were revised in September 2020 to improve disclosure and investor safety by requiring broker-dealers to refrain from publishing price quotes for a security when up-to-date information about that security is not immediately accessible to the general public.
OTC trading is also typically conducted through a registered broker-dealer. The Financial Industry Regulatory Authority (FINRA) oversees broker-dealers.
What kinds of investments trade OTC?
Since they don’t trade enough shares or their shares don’t sell over a minimum price, many small-company equities that are listed on major exchanges are OTC securities. They trade for less than $5 per share and are frequently referred to as penny stocks.
Other OTC companies are bigger, but they are unable to pay the listing fees that the major exchanges want (or don’t want to). For instance, organisations that meet the requirements can pay up to $167,000 to list on NASDAQ.
In addition to equities and bonds, investments that trade OTC frequently consist of:
Private agreements between two parties known as derivatives are frequently arranged by brokers. These can include forwards, futures, options, or other contracts whose value is determined by the value of an underlying asset, such as a stock.
international money. Every day, the Forex, an over-the-counter currency market, trades more than $6.6 trillion in currencies from various countries.
digital money, such as bitcoin and ethereum.
What are the major OTC markets?
OTC Markets Group is a significant over-the-counter (OTC) network. Depending on your broker, you as an investor will have access to this market. The Grey Market is another option, which we’ll discuss below.
OTC Markets Group
According to their size, share price, and frequency of financial reporting and transparency, over-the-counter equities are categorised into three categories by OTC Markets.
The following is the OTCQB® Venture Market, which is for start-up or growing enterprises and requires a minimum bid price of $0.01.
This category contains shell companies, overseas businesses, penny stocks, and other enterprises that opt not to publish their financial data.
Grey Market
The term “grey market,” sometimes known as “other OTC,” refers to any security that is traded over-the-counter but is not quoted by broker-dealers for a variety of reasons, including a lack of investor interest, a lack of financial information, or a failure to comply with regulatory requirements.
Is it safe to buy OTC stocks?
OTC trading has had a shady reputation. Partly that’s because of the basic way it operates. OTC is a secret negotiation between a buyer and a seller, in contrast to the complete transparency of stock exchanges, where prices are made public.
It is not surprising that OTC markets have been the scene of fraud and illegal activity. Dealing in penny stocks allows for illicit pump and dump schemes, in which a stock is promoted (pumped up).
They genuinely run like “discount” stock exchanges, enforcing regulations, exercising monitoring, and, in the case of OTC Markets, categorising equities according to tiers.
Risks of OTC trading
Aside from fraudulent activity, OTC trading is also fraught with dangers.
Lack of price transparency. As mentioned above, a vendor might hypothetically charge one customer one amount for a security and name a different price to another.
Low liquidity. There isn’t much demand because many OTC equities are barely traded. This makes it challenging to sell them when you want to.
Volatility. OTC securities have a lower trading volume, which could cause sudden price changes.
Instagram is a well-liked social media site that can be an effective tool for business marketing.Make a business account on Instagram, and then promote your company using images, live videos, and hashtags.Use Instagram advertisements to promote your brand while using the platform’s shopping feature to sell your goods.
Only by setting up a company or artist account can you access Instagram’s robust business capabilities. We’ll go over how to set up your Instagram business account and demonstrate how to use the platform’s best capabilities for sales, connections, and engagement.
